I just sold my Buckhead house in under 60 days! Considering the current market conditions, we were also able to sell the home for a fair price. I sold the Buckhead home through aggressive marketing, bumped up curb appeal and listing it for a competitive sales price right out of the chute. Rarely does the, “let’s put a high asking price on the home and see what happens” strategy work; especially in this market. More often than not, the home ends up being stale, and ultimately sells for less than if it had a competitive price on it from the beginning.
There is a house, down the street from my old home, that has fallen into this trap. The Forest home was listed for far more than it’s value, so the backlog of buyers in that price range never gave it a chance. Buyers become savvy to market value very quickly.
Now the list price has been cut a few times and the home is listed for less than it would have sold for had the home originally been priced competitively. Ironically, the same home had an overpricing problem with the previous owners a few years ago – priced it too high and then sold for less than market value a year later.
If you’re interested in hearing some strategies on how to sell your home, please give me a call.
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